Professor for Financial Mathematics
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Prof. Dr. Ralf Korn
"I am fascinated by randomness, by controlling it, but also by using it for solving deterministic tasks that we cannot treat without its help."
Ralf Korn has been a Professor of Financial Mathematics and Stochastic Control at RPTU since 1999. In the same year, he founded the Department of Financial Mathematics at the Fraunhofer ITWM. He has published 10 monographs and well over 100 peer-reviewed research papers, and has successfully supervised more than 60 PhD students. He served for 20 years on the board of the German Society of Insurance and Financial Mathematics (DGVFM), including eight years as its Chair, and has been the spokesperson for a Research Training Group and of RLP Clusters of Excellence.
The magic formula for sustainable investing
Financial mathematician Ralf Korn is working on ways to make climate-friendly investments – such as those in renewable energy – more effective using mathematical models. His formulas could even help develop a kind of “global-warming mechanism” for stocks. In the future, this would allow investment portfolios to automatically adjust to ongoing climate changes.
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